GMT's two-hour increase nearly 30%, open contracts surge to over $30 million

Mars Finance News, on May 23, according to market information, GMT briefly surged past $0.0139, with a nearly 30% increase over 2 hours.
According to Coinglass data, GMT open interest surged by 131% in nearly 4 hours, typically indicating that significant price volatility will continue, with current open contract positions reported at $31.22 million.
GMT-12.86%
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SeaSaltAirdropParticipants
· 13h ago
A 131% increase in holdings over 4 hours—something big is happening.
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MoonlightMarketMaking
· 19h ago
0.0139 reached, brothers who were previously trapped can breathe a sigh of relief
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GateUser-2100b43b
· 05-23 07:34
Short-term traders are in position; now it's just a matter of whether they can hold steady.
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RefrigeratorMagnetContract
· 05-23 07:32
Sell after pulling or keep pushing, that's the question
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GateUser-9d67589f
· 05-23 07:31
The contract data is so aggressive, be careful of front-running.
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GlassCityAfterTheRain
· 05-23 07:30
Break through the key level, technical traders are ready to enter.
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ASolitaryRockBeforeTheVolcano
· 05-23 07:29
A 30% increase with 131% holdings, both long and short are adding positions
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GasUnderTheMoonlight
· 05-23 07:28
A surge in open interest is usually a sign of an upcoming trend reversal. Stay alert.
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BorrowedHalo
· 05-23 07:28
The popularity of STEPN has already passed; is this round the funds are rescuing themselves?
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HodlBystander
· 05-23 07:28
GMT can actually have this kind of increase, bringing back memories of the good old days
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